Tagged: default

The International Monetary Fund has issued a warning that the US take urgent action in raising the debt ceiling, adding that a credit downgrade could damage the global economy. Kevin Gallagher, an associate professor of international relations at Boston University, is an expert on global and economic policy. His article, “Why the US must raise […]

With the August 2 default deadline looming, President Obama and the GOP are still miles apart on an agreement in their debt ceiling crisis debate. Cornelius Hurley, a professor at Boston University’s School of Law and director of the school’s Center for Finance, Law & Policy, gave his view in a post earlier this week […]